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Helix Resources Faces Takeover Bid by Acta Group

Helix Resources Faces Takeover Bid by Acta Group

Helix Resources Limited (AU:HLX) has released an update.

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Acta Investment Group Pty Ltd has launched an off-market takeover bid to acquire 25% of Helix Resources Limited shares that it doesn’t already own. The proposal, announced in August 2024, is detailed in the second supplementary bidder’s statement issued by Acta. This move highlights Acta’s strategic interest in expanding its stake in Helix Resources, appealing to investors closely watching the evolving dynamics in the stock market.

For further insights into AU:HLX stock, check out TipRanks’ Stock Analysis page.

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